A worker unloads packages from a FedEx truck on Cyber Monday in New York, US, on Monday, Dec. 1, 2025. Bess Adler | Bloomberg | Getty Images Federal Express on Monday sued the U.S. government, seeking a “full refund” of the money the shipping giant paid for tariffs unilaterally imposed last year by President Donald … Read more
Rep. Don Bacon (R-Neb.) gives a thumbs up as he arrives for a House Republican Conference meeting at the U.S. Capitol on September 10, 2024 in Washington, DC. Kent Nishimura | Getty Images President Donald Trump says he does not need Congress to impose tariffs, but his recent attempts to impose new import duties could … Read more
U.S. President Donald Trump meets with European Commission President Ursula von der Leyen (not pictured), in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters Europe has warned that trade deals struck with the U.S. could now be at risk after President Donald Trump unveiled a new global 15% tariff on all imports at … Read more
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images The U.K., the European Union and Singapore … Read more
Despite Friday’s Supreme Court decision that ruled President Donald Trump’s “reciprocal” tariffs are illegal, U.S. importers are still paying duties on goods entering the country. U.S. Customs and Border Protection (CBP) has yet to update its Cargo System Management Service to remove the duties imposed by Trump under the International Emergency Economic Powers Act (IEEPA). … Read more
US President Donald Trump (R) and India’s Prime Minister Narendra Modi arrive for a joint press conference at Hyderabad House in New Delhi on February 25, 2020. (Photo by Prakash SINGH / AFP) (Photo by PRAKASH SINGH/AFP via Getty Images) Prakash Singh | Afp | Getty Images India’s trade negotiators will reschedule their planned visit … Read more
President Donald Trump on Saturday said he would increase global tariffs to 15% from 10%, one day after the Supreme Court struck down his “reciprocal” tariffs. The new tariffs will be “effective immediately,” Trump said in a Truth Social post. “I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide … Read more
U.S. President Donald Trump gestures as he speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. Kevin Lamarque | Reuters The Supreme Court’s decision Friday to throw out a large number of tariffs … Read more
President Donald Trump said Friday he will sign an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import duties in a major rebuke of his trade agenda. The new “Section 122” tariffs will come on top of the existing levies that remain intact following the … Read more
Rick Woldenberg, chief executive officer of Learning Resources, arrives at the U.S. Supreme Court building in Washington, Nov. 5, 2025. Eric Lee | Bloomberg | Getty Images The CEO of Learning Resources said Friday that “we’re excited to stand on the right side of history here” after the Supreme Court ruled in favor of his … Read more